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Asian Stocks Mixed

Posted June 23rd, 2011 at 4:35 am (UTC-5)
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Asian stock markets closed mixed Thursday. Tokyo’s Nikkei index lost more than one-quarter of one percent to finish at 9,597. Hong Kong’s Hang Seng index lost almost one-half of one percent to finish the day’s trading at 21,759. Share prices were higher in Shanghai and Wellington, but lower in Manila, Sydney and Taipei. In currency […]

Tags: , , Posted in Economy

Thai PM to Highlight Red Shirt Violence at Bangkok Rally

Posted June 23rd, 2011 at 3:55 am (UTC-5)
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Thailand’s Prime Minister Abhisit Vejjajiva has promised to reveal new information about last year’s political violence during an election rally Thursday at the scene of the deadly Red Shirt protests. Authorities deployed hundreds of police to the scene for fear of violence, while Red Shirt leaders ordered their followers to stay away from the central […]

Tags: , Posted in East Asia Pacific

U.S., Mexico Advance to Gold Cup Championship Match

Posted June 23rd, 2011 at 3:30 am (UTC-5)
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The U.S and Mexican mens’s soccer teams will face each other in the CONCACAF Gold Cup championship match, after winning their respective semifinal matches Thursday at Houston’s Reliant Stadium. The U.S. edged Panama 1-0,with Clint Dempsey scoring in the 76th minute on a pass from teammate Landon Donovan. Freddy Adu set up the winning goal […]

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Obama Orders 33,000 Troops Out of Afghanistan

Posted June 23rd, 2011 at 3:20 am (UTC-5)
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U.S. President Barack Obama has announced the beginning of the end of the country’s 10-year war in Afghanistan, ordering the withdrawal of 33,000 American troops by the end of 2012. In a White House address Wednesday, President Obama told the American people “the tide of war is receding.” He said the first 10,000 American troops […]

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Ai Weiwei, Home on Probation, Declines All Interviews

Posted June 23rd, 2011 at 3:15 am (UTC-5)
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Celebrated artist Ai Weiwei is at home on probation after almost three months in Chinese detention, but says he cannot discuss his case. The outspoken 54-year-old activist offered apologies to reporters and television crews who gathered outside his suburban Beijing studio following his release Wednesday. Ai said he is in good health and happy to […]

Tags: , Posted in East Asia Pacific

Greek Crisis Overshadows EU Summit

Posted June 23rd, 2011 at 2:45 am (UTC-5)
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European Union leaders meet Thursday and Friday in Brussels for a summit that will largely focus on Greece’s financial meltdown. The leaders are expected to discuss ways to help Greece avoid debt default and regain financial stability. EU leaders are looking for economic reform from Greek Prime Minister George Papandreou’s government, which won a crucial […]

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Obama’s Afghan Strategy Forges a Middle Ground in U.S. Thought

Posted June 23rd, 2011 at 2:40 am (UTC-5)
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U.S. President Barack Obama’s new troop withdrawal plan for Afghanistan appears to fall in the middle ground of current American thinking about the decade-long war — too quick a drawdown for some of its military commanders, but possibly too slow for a war-weary electorate. Mr. Obama announced his plan Wednesday night to bring home 33,000 […]

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US Authorities Capture Alleged Gangster Linked to 19 Murders

Posted June 23rd, 2011 at 2:40 am (UTC-5)
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U.S. authorities have captured an alleged gangster linked to 19 murders after he had been on the run for more than 16 years. The Federal Bureau of Investigation said it arrested James (Whitey) Bulger, along with his longtime girlfriend, Catherine Greig, on Wednesday evening at a house in Santa Monica, California. The 81-year-old Bulger was […]

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System to Filter Radioactive Water at Fukushima Proving Faulty

Posted June 23rd, 2011 at 2:30 am (UTC-5)
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The operator of Japan’s crippled Fukushima Daiichi nuclear power plant says a system to decontaminate the radioactive water in the plant’s reactor buildings is not working as expected. Tokyo Electric Power Company says a newly installed U.S.-built device has reduced radioactive cesium in the water to one percent of the previous level. But that is […]

Japan’s Nikkei Loses Ground

Posted June 23rd, 2011 at 2:25 am (UTC-5)
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Japanese markets closed lower Thursday, while the U.S. dollar is higher against the Japanese yen. Tokyo’s Nikkei index lost more than one-quarter of one percent to finish at 9,597. In currency trading, the dollar was selling at 80.40 yen, a gain of just over one-tenth of a yen from Wednesday. The Taipei market lost well […]

Tags: , , Posted in Economy